Question: There is a cyclical deficit when Question content area bottom Part 1 A. government spending is greater than revenues. B. the deficit arises because real
There is a cyclical deficit when Question content area bottom Part 1 A. government spending is greater than revenues. B. the deficit arises because real GDP is less than potential GDP. C. the deficit arises when real GDP equals potential GDP. D. government spending is less than revenues. E. the deficit arises because real GDP is greater than potential GDP
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